Peter Kafka

Recent Posts by Peter Kafka

Twitter Could Do $1 Billion in 2014, Says eMarketer

Twitter could generate close to $1 billion in ad revenue in 2014 — the same year it may consider an IPO — and more than half of that will come from mobile ads, eMarketer predicts. Last fall, eMarketer pegged Twitter’s 2014 revenue at $800 million; other reports have also pegged next year’s revenue at a similar level.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work